Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
S&P Pan Asia BMI Transportation (US Dollar) (CME:SPAU29)
Bear Market Rally (-75) - SPAU29 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPAU29 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPAU29?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU29.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAU29
The long-term trend has been DOWN since Apr 28th, 2022 at 184.32
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 183.96
The short-term trend has been UP since Jun 27th, 2022 at 174.71
Smart Scan Analysis for SPAU29
Based on our trend formula, SPAU29 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||208.33||52wk High Date||2018-01-25|
|52wk Low||172.64||52wk Low Date||2018-10-26|